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Investor Presentaiton

1. Details of Consolidated Financial Results for FY18 2Q (4) Breakdown of Selling, General and Administrative Expenses Items FY17 2Q (Results) Change FY18 2Q (Results) Rate of change Ratio Ratio Millions of yen % Millions of yen % Millions of yen % Operating revenues 137,423 100.0 108,066 100.0 29,356 27.2 Selling, general and administrative 57,732 42.0 43,270 40.1 14,461 33.4 expenses Salaries and wages 5,202 3.8 4,571 4.2 631 13.8 Provision for employees' bonuses 1,627 1.2 1,462 1.4 164 11.3 Provision for directors' bonuses 118 0.1 114 0.1 3 3.3 Expenses for retirement benefits 481 0.3 493 0.5 -11 -2.3 Rent expenses 8,530 6.2 6,105 5.7 2,424 39.7 Business consignment expenses 14,701 10.7 12,621 11.7 2,080 16.5 Depreciation expenses 11,998 8.7 5,233 4.8 6,765 129.3 Other costs and expenses 15,071 11.0 12,668 11.7 2,403 19.0 22 22 Note: Figures shown are rounded down to the nearest million yen.
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